Programme Objective

At the end of the programme, participants will be able to:
 

• Understand the fundamental principles and concepts of auditing, including its stakeholders.
• Develop an understanding of the audit planning process, including scoping, materiality, and risk assessment techniques.
• Explore the considerations in forming an audit opinion and the different types of audit reports.

Programme Outline

Overview of audit

• Definition
• Singapore Standard of Auditing (SSA)

Understand the importance of audit

• Statutory requirements
• Benefits to the users of the financial statements

Different types of audit report

• Unqualified
• Qualified
• Adverse
• Disclaimer

Walkthrough of the audit processes

• Planning an audit of financial statements
• Materiality in planning and performing an audit
• Identifying risk
• Audit Documentation, audit evidence
• Forming an opinion and reporting on financial statements

Other considerations and practical issues

Training Methodology

Lecture style with exercise

Closing Date for Registration

1 week before programme or until full enrolment.

Intended For

• New audit hire
• Professionals from non-auditing backgrounds who wish to improve their understanding of auditing processes and outcomes

Competency Mapping

Category 3 = 3.50 Hours

Programme Facilitator(s)